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Salary Cap Deep Dive: Colorado Avalanche

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Navigating the salary cap is one of the more important tasks for any GM.  Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful.  Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2023-24 season.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of CapFriendly.

Colorado Avalanche

Current Cap Hit: $88,475,000 (over the $83.5MM Upper Limit)

Entry-Level Contracts

None projected to make the opening roster

Signed Through 2023-24, Non-Entry-Level

F Andrew Cogliano ($825K, UFA)
F Jonathan Drouin ($825K, UFA)
G Pavel Francouz ($2MM, UFA)
D/F Kurtis MacDermid ($987.5K, UFA)
F Ben Meyers ($775K, RFA)
F Fredrik Olofsson ($775K, UFA)
D Devon Toews ($4.1MM, UFA)

With cap space at a premium, the Avs had to shop for some bargains in free agency this summer.  Drouin comes over from Montreal coming off a year that saw him score just twice although he added 27 assists.  If he can lock down a role in the middle six, it won’t take much for them to get surplus value on this deal while he’d be positioned for a better contract a year from now.  Cogliano returns after being one of the few consistently effective bottom-six forwards for Colorado last season.  At 36, he’ll be going year-to-year from now on in all likelihood.

Meyers struggled in half a season with the Avalanche in 2022-23 but should get another look while Olofsson will push for a spot as well after being acquired from Dallas.  Those spots on the depth chart will need to stay at or close to the league minimum moving forward.  MacDermid can play both the wing and on the back end but while the versatility is nice, his playing time is limited in either role.  That makes him more of an end of the roster candidate which will keep his next cap hit around this price point.

The same certainly can’t be said about Toews.  Since being acquired from the Islanders as a salary cap casualty three years ago, he has blossomed into a legitimate top-pairing defender.  In each of the last two seasons, he has recorded at least 50 points and logged more than 25 minutes a night.  Only four other blueliners in the league are in that category: Roman Josi, Quinn Hughes, Rasmus Dahlin, and Cale Makar.  Not a bad group to be in.  Josi, Hughes, and Makar are already on pricey long-term deals and Dahlin is a year away from doing so.  Meanwhile, Toews is on the books at second-pairing money for another ten months.  He’ll be doubling it and then some soon enough.

Francouz, when healthy, has been quite an effective goalie for Colorado, posting a career save percentage of .919.  However, over four seasons, he has only played in 73 games so it’s still a pretty small sample size.  That is definitely limiting his earnings upside as he needs to show he can stay healthy for a full year and maintain that strong level of play.  If he can do that, his AAV could push up toward the $4MM range if he looks to test the open market.

Signed Through 2024-25

D Bowen Byram ($3.85MM, RFA)
G Alexandar Georgiev ($3.2MM, UFA)
F Ryan Johansen ($4MM, UFA)*
F Logan O’Connor ($1.05MM, UFA)
F Mikko Rantanen ($9.25MM, UFA)

*-Nashville is retaining an additional $4MM on Johansen’s contract

Rantanen has flown under the radar to an extent but he’s undoubtedly a premier winger in his own right and is coming off a career year that saw him score 55 goals.  If he’s able to stay near that rate over the next two years, he’ll have a strong chance of beating Artemi Panarin ($11.643MM) for the most expensive contract given to a winger in NHL history.  Johansen hasn’t lived up to his contract but with the Preds eating half of it, Johansen should provide some value assuming he locks up the second center position.  If he hovers around the 40-point mark, his next deal should check in around what Colorado will be paying him for the next two years.  O’Connor has worked his way from being a depth piece to a reliable third liner at a below-market rate.  Even if he stays in the mid-20-point range, he could add another million to his next deal.

Byram’s acceptance of a bridge contract this summer came as little surprise.  When healthy, he has become an impactful blueliner but with Colorado’s cap situation and his concussion history, it would have been difficult to find a long-term agreement that worked for both sides.  Notably, the deal is significantly backloaded, pushing the qualifying offer to $4.62MM.  That said, if Byram can stay healthy these next two seasons, there’s a very good chance he’d be getting considerably more than that on a long-term pact at that time.

Georgiev was somewhat of a risky acquisition by then-GM Joe Sakic.  He was coming off a down year and hadn’t yet played 35 games in an NHL season.  Fast forward to one year later and he put up career-best numbers across the board in 62 appearances.  Now, he is a legitimate starter for them making platoon money.  Two more years like this would push his price tag into the range of the goalie he replaced (Darcy Kuemper who received five years at $5.25MM from Washington).

Signed Through 2025-26

D Josh Manson ($4.5MM, UFA)

Manson’s first full season with Colorado didn’t go well as he was limited to just 27 games due to multiple lower-body injuries.  And when he was in the lineup, his deployment was that of a fifth defender most nights.  This price tag for that role is on the high side and it has now been four straight years that Manson has missed significant time due to injury.  At this point, it seems like it will be difficult for the Avs to get a good return on this contract.

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Summer Synopsis: Colorado Avalanche

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Last season, the Colorado Avalanche finished atop the Central Division as most expected. That’s despite missing captain Gabriel Landeskog and other core pieces such as Bowen Byram, Josh Manson and Valeri Nichushkin missing significant amounts of time. The 2022 Stanley Cup champions couldn’t find the magic for two seasons in a row, however, instead making history in another way by becoming the first team to lose to the Seattle Kraken in a playoff series, albeit in a hard-fought seven-game battle. That series loss was largely due to a lack of depth scoring, something GM Chris MacFarland addressed in a targeted manner this summer. Was it enough to return the Avs to 2022’s glory, however?

Draft

1-27: F Calum Ritchie, Oshawa (OHL)
1-31: D Mikhail Gulyayev, Omsk (MHL)
5-155: D Nikita Ishimnikov, Yekaterinburg (MHL)
6-187: D Jeremy Hanzel, Seattle (WHL)
7-219: F Maros Jedlicka, Zvolen (Slovakia)

While the Avalanche didn’t transform a weak prospect pool, they did make a shrewd move the day before the draft by trading Alex Newhook to the Montreal Canadiens, acquiring a second first-round pick in the process. Their two top selections, Gulyayev and Ritchie, were rather spectacular value moves for where they were taken – some public scouts had both ranked within the top 15 prospects available.

Ritchie is the closest to NHL-ready and could potentially see some time with the Avs as soon as 2024-25, but he’ll still need to be returned to juniors then if he’s not NHL-ready. All five players the Avalanche drafted are expected to return to the clubs listed above for the 2023-24 season, with the exception of Gulyayev, who is expected to join Omsk’s KHL team full-time.

Trade Acquisitions

F Ross Colton (from Tampa Bay)
D Gianni Fairbrother (from Montreal)
F Ryan Johansen (from Nashville)
F Fredrik Olofsson (from Dallas)

Colton has developed into the type of middle-six point-producing forward that the Lightning have relied upon so much over the past handful of seasons, but they simply couldn’t afford to keep him as he was a restricted free agent this summer in need of a new contract. Colorado, who had some additional flexibility with Landeskog slated to go on LTIR for a second straight season, swooped in and acquired the 26-year-old, who for now is projected to center the third line after scoring 16 goals and 16 assists for 32 points in 81 games last season. His defensive reputation becomes a bit inflated publically once you dig deeper into his possession metrics, but he has maintained a role as an excellent play-driver with an accurate shot – something the Avalanche desperately needed to add to their second and third lines.

Johansen is projected to slot in just above Colton on the Avs’ center depth chart, but he’s more of a reclamation project than the former, and the two could easily swap roles if things don’t go as planned. The 31-year-old has a previous first-line center pedigree but has been wildly inconsistent over the past few campaigns, scoring just 28 points in 55 games last season after notching 26 goals and 63 points in 79 games with the Predators the year before. The Avalanche are hoping that by sticking likely one of Artturi Lehkonen or Nichushkin on his wing, they can help unlock some of the offense that’s been missing and re-elevate him to the 60-point range.

Fairbrother came from Montreal as part of the return for Newhook and will spend next year in the AHL with the Colorado Eagles. Olofsson, whose signing rights were acquired from the Stars, was immediately signed to an extension after the trade and will be one of many names looking to lock down a roster spot and contribute on the team’s fourth line.

Key UFA Signings

F Andrew Cogliano (one year, $825K)
F Jonathan Drouin (one year, $825K)
D Jack Johnson (one year, $775K)
F Fredrik Olofsson (one year, $775K)*
F Chris Wagner (one year, $775K)*
F Miles Wood (six years, $15MM)

*-denotes two-way contract

Most of their key boosts to their forward core came via trade in Colton and Johansen, but the Avs did dish out some money to fill out bottom-six spots via unrestricted free agency. While he may not play the highest in the lineup, their biggest move (and perhaps one of the more surprising contracts of the entire summer) was Wood, earning a lengthy commitment to play a bottom-six checking role in Denver. The 27-year-old missed all but three games in the 2021-22 season with injury but suited up for a full campaign last year, scoring 13 goals and adding 14 assists for 27 points in 76 games whilst playing a fourth-line role for the New Jersey Devils. His reputation as defensively responsible did take a hit last year after the rather serious hip injury, raising some concerns about the rather extravagant length of the deal.

Another player who could end up playing quite a large role is Drouin, who, for now, projects to slide into the team’s top-six on the cheap to hopefully revitalize the former third-overall pick’s point production. If they opt to spread out the wealth and play wingers like Lehkonen and Nichushkin on the second line, they could match Drouin alongside former Halifax Mooseheads teammate Nathan MacKinnon and hope for him to reach the 40-50-point ceiling he showed earlier in his career with the Montreal Canadiens and Tampa Bay Lightning. He scored just two goals last season in 58 games and hasn’t played close to a full 82 games since the 2018-19 campaign.

A handful of re-signings, including Cogliano, Johnson and Olofsson, aim to play fourth-line or third-pair roles. Wagner, who spent most of the last two seasons in the minors, does have a history of full-time NHL play and will aim to regain such a role on the team’s fourth line.

Key RFA Re-Signings

D Bowen Byram (two years, $7.7MM)
F Ross Colton (four years, $16MM)
F Ben Meyers (one year, $775K)

We covered Colton’s acquisition in the trade section of this piece, but Byram’s two-year bridge warrants some analysis. Despite his development being derailed multiple times by serious injuries and concussion concerns remain, the 2019 fourth-overall pick is a bonafide top-four defender among one of the highest-powered defense corps in the league. He recorded a career-high 24 points in 40 games last season (a 49-point pace) and shouldered nearly 22 minutes per game – a significant workload for such a young, developing defender. Posting better defensive results than his defense partner, Samuel Girard, he could be in line for even more ice time next season and will likely exceed the value of his new deal.

Meyers, on the other hand, takes a league-minimum deal after failing to elevate himself in the Avs’ lineup in his first full pro season. The highly-touted college free agent signing out of the University of Minnesota last season skated in 39 games with Colorado at the NHL level, collecting four goals. He’ll likely get a crack at the fourth-line center spot out of camp but needs to show strides in order to avoid another demotion to the minors.

Key Departures

F J.T. Compher (Detroit, five years, $25.5MM)
F Lars Eller (Pittsburgh, two years, $4.9MM)
G Jonas Johansson (Tampa Bay, two years, $1.55MM)
D Erik Johnson (Buffalo, one year, $3.25MM)
F Denis Malgin (Switzerland’s ZSC Lions, five years)
F Alex Newhook (trade with Montreal)
F Matthew Nieto (Pittsburgh, two years, $1.8MM)
F Evan Rodrigues (Florida, four years, $12MM)

Compher played the biggest role in Colorado last season out of anyone on this list, claiming the second-line center spot by default after Newhook failed to capture it in the opening weeks of the season. He would average over 20 minutes per game and record a career-high 52 points, not something that he should be expected to replicate in Detroit (even though they paid him as such). In fact, Johansen could very well be seen as an upgrade on Compher, given his track record, so despite the gargantuan minutes he covered last season, the Avalanche likely won’t feel his absence too much after their other offseason moves.

Rodrigues was a solid two-way middle-six forward for the Avs in his lone season there, as he has been for the past few seasons. He recorded 39 points in 69 games (a 46-point pace), something they’ll likely look for Drouin to replace, although he provides no guarantee.

Eller and Nieto found roles in Pittsburgh under new GM Kyle Dubas after they were both late-season trade acquisitions by the Avs who had a marginal impact on their record. Perhaps the biggest supplementary loss here is Johnson, who was the longest-tenured member of the Avalanche roster and had logged over 700 games with the team and was still a reliable defensive presence, albeit a declining one. His leadership will be missed, undoubtedly.

Malgin was a bit of an intriguing depth scorer last season, notching 11 goals in 42 games in an Avalanche jersey, but he’s opted to return home to Switzerland to play out the prime of his pro career.

Salary Cap Outlook

With Landeskog again expected to miss the entire season due to an additional knee surgery, the Avalanche are in a better salary cap situation than many other contenders. The team still has a fair amount of wiggle room and is expected to be cap-compliant by around $2.025MM once Landeskog is placed on LTIR, per CapFriendly. They have no dead money on their books: no retained salary transactions, buyouts, or projected buried salaries in the minors. It still leaves room for them to make one more marginal addition from the free-agent market if they choose.

Key Questions

Can Georgiev Repeat?: 27-year-old Bulgaria-born Alexandar Georgiev was a revelation in the crease last season. Coming over after a handful of inconsistent years in a backup role with the New York Rangers, the Avalanche caught lightning in a bottle with Georgiev, who churned out true starting-caliber numbers with a .919 save percentage and 2.52 goals-against average with a heavy workload – 62 games played, by far a career-high. He had just a .898 with the Rangers in 33 games the year before, however. While goalies often hit their primes closer to age 30 like Georgiev, the Avalanche will need another strong season from him with diminished defense depth in front of him.

Do They Have A Second-Line Answer?: One of Johansen or Colton commanding second-line minutes will be a must for Colorado to fix last season’s Achilles heel. If they can do so enough to give the team a legitimate secondary scoring option behind MacKinnon, much like Nazem Kadri did before his departure in 2022, it could very well keep them atop the Central. If not, they’ll need full health and full power from their stars to avoid slipping down the standings in a tight division headlined by improved Dallas Stars and Winnipeg Jets teams.

What To Do With Devon Toews?: He’s not-so-quietly transformed into a top-flight defender who would be the best defenseman on about half the teams in the league. However, he’s entering the final season of a contract paying just $4.1MM per season and is hurtling toward unrestricted free agency next summer. If they aren’t close to an extension by the time the deadline rolls around, will the Avalanche keep him around as a self-rental or aim to flip him for an asset with more control?

Photos courtesy of USA Today Sports Images.

Joel Kiviranta Signs PTO With Colorado Avalanche

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Peter Baugh of The Athletic is reporting that the Colorado Avalanche have dipped their toes into the PTO waters once again as they have signed forward Joel Kiviranta to a professional tryout. The 27-year-old spent last season with the Dallas Stars where he registered eight goals and one assist in 70 games while playing 12:09 a night. Kiviranta joins Peter Holland who also signed a PTO with the Avalanche last week and will be looking to crack the team’s bottom six forward group and earn an NHL contract.

The native of Vantaa, Finland was signed by the Stars as an undrafted free agent back in May 2019 after he helped Finland earn a gold medal at the 2019 World Championship. He dressed in 11 NHL games the following season scoring just a single goal before dressing in 26 games in 2020-21 where he scored a career high 11 points.

The next two seasons would see Kiviranta become an NHL regular, albeit one who couldn’t regularly crack the score sheet. In 126 games over the past two seasons, Kiviranta has posted a total of nine goals and seven assists while going -15. Obviously, his offensive numbers leave a lot to be desired but on the defensive side of the puck Kiviranta has posted 214 hits over the past two years, and last season posted terrific takeaway numbers with 29 takeaways and just 13 giveaways.

Kiviranta is unlikely to develop into much more than a 13th forward at this point in his career, but for a team starving for some sandpaper and depth, it makes sense for the Avalanche to take a free look at Kiviranta and see if he can help them out.

Peter Holland Signs PTO With Colorado Avalanche

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Peter Baugh of The Athletic is reporting that former Toronto Maple Leafs forward Peter Holland is attempting to make a comeback with the Colorado Avalanche. Baugh reports that Holland will be trying to return to the NHL after not playing hockey anywhere last season.

Holland last played professionally in the Swedish Hockey League for Djurgardens IF. He struggled offensively, posting just six assists as he cut his season short and played in just 15 games.

Holland hasn’t dressed in an NHL game since 2017-18 when he was a member of the New York Rangers. He struggled mightily that season as he posted just a goal and three assists in 23 games while playing in a bottom-six role. He then spent time in the AHL and Sweden before eventually landing in the KHL where he played for two seasons as a member of Avtomobilist Yekaterinburg.

Holland will be a long shot to make a very talented Avalanche team. He will be fighting an uphill battle after sitting out for a season and spending a half-decade outside of the NHL. But he is a talented player, while he never reached the level scouts thought he would when he was selected 15th overall by the Anaheim Ducks in the 2009 NHL entry draft, he did put up several solid seasons as a member of the Maple Leafs.

Holland will join the likes of Nathan Beaulieu (Hurricanes), Alex Chiasson (Bruins), and Brandon Sutter (Oilers) who are all hoping to convert PTOs into NHL contracts for next season.

Multiple Teams Showing Interest In Patrick Kane

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While former Chicago Blackhawks and New York Rangers winger Patrick Kane may be the best UFA left on the market, no one expects him to sign a deal in the coming days. That’s because he’s still recovering from a hip resurfacing procedure he had done in June, which puts him on track to be cleared for game action sometime between October and December.

Speaking on NHL Network earlier this week, The Fourth Period’s David Pagnotta gave various updates on the 34-year-old, including three teams that had displayed “significant” interest earlier in the summer: the Colorado Avalanche, Dallas Stars and New York Islanders. Pagnotta also mentioned the Boston Bruins as a potential suitor but to a lesser degree.

Undoubtedly, teams will want to watch him practice before extending him a contract, even if it’s just a one-year pact, as expected. A significant hip procedure for an athlete as late into their career as Kane is no small factor in what his game may look like after he’s recovered. Pagnotta believes there should be clarity on Kane’s health status and a more specific potential return date in “four to five weeks,” which could also be a target date for Kane signing rumors heating up in earnest.

Out of all the suitors Pagnotta mentioned, Colorado has made sense for Kane since the offseason began and still does today. Colorado projects to have four new faces in their middle six next season (Ross Colton, Jonathan Drouin, Ryan Johansen, and Miles Wood), but their scoring depth remains rather thin. Few would argue Kane is anywhere close to his prime at this stage in his career, especially coming off hip surgery, but he could still allow the team to reliably let Nathan MacKinnon and Mikko Rantanen drive the top two lines separately. Playing alongside MacKinnon could also very well jumpstart Kane’s production to the point where he’s providing rather immense value on what’s sure to be an already affordable contract.

As things stand, Colorado also has the most favorable salary cap situation out of the three major contenders Pagnotta mentioned. They’re projected to have $2.025MM in cap space with captain Gabriel Landeskog on long-term injured reserve, per CapFriendly. Meanwhile, the Stars and Islanders are both between $300K and $500K over the $83.5MM Upper Limit and will need to run a 22-player roster to be compliant, at least to start the season, assuming no further moves are made.

It’s hard to imagine a fit for Kane in Dallas, too. Their top nine is truly stacked, boasting one of the best lines in hockey followed by a combination of players like Jamie Benn, Matt Duchene, Wyatt Johnston, and Tyler Seguin occupying lines 2 and 3. While Kane may be a true upgrade on someone like Evgenii Dadonov, Dallas signed Dadonov to a two-year, $2.25MM AAV extension this offseason. That’s not money usually given to a player slated for a fourth-line role, especially for someone who relies on point production to maintain efficacy.

The Islanders would make much more sense from a roster construction standpoint if they can make the money work. Wingers like Pierre Engvall and Kyle Palmieri are fine middle-six wingers, but they’re not ideal second-line flanks for a team still boasting championship aspirations with Mathew Barzal, Bo Horvat and Ilya Sorokin locked in for the long haul to rather hefty deals.

Regarding Boston, Kane may not be the top-six center they so desperately need, but he’d be a gigantic boon to a middle-six wing group that now looks awfully thin outside of Jake DeBrusk. Boston signed another veteran, James van Riemsdyk, to hopefully add a solid net-front punch, but after posting just 29 points in 61 games last season, expectations shouldn’t be high for the 34-year-old to be a high-end point-producing factor on the second or third line.

What may complicate fitting a contract for Kane under the cap is his lack of eligibility for performance bonuses. He’s still a year away from being eligible for a 35+ contract containing performance bonuses, and he didn’t miss significant time in-season with the hip injury. It removes the option for a team to give Kane a lower cap hit and compensate him more in performance bonuses, allowing them to deal with the after-effects in 2024-25 if they can’t fit the bonuses under their year-end cap hit.

Photo courtesy of USA Today Sports Images.

Assessing Colorado's Depth Options

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In an article today from Peter Baugh of The Athletic, he takes a look at some of the internal options available to the Colorado Avalanche in terms of their bottom-sixth depth. Baugh argues, that when the season begins, given a clean bill of health, there are 10 forwards that should already have their names penciled in for opening night of 2023-24.

The most oft-mentioned names that Baugh believes will fill out the depth of the Avalanche will be forwards Fredrik Olofsson, who was acquired in a mid-June trade with the Dallas Stars, and Ben Meyers, who was signed out of the University of Minnesota during the 2021-22 regular season. Given the overall youth of some of the players that Colorado could use to fill out their roster, both Olofsson and Meyers seem to be solid projections.

Unfortunately for the Avalanche, and albeit holding a very small sample size, neither player has played particularly well in their short careers. The team still has just over $2MM available in cap space when factoring in the LTIR placement of captain Gabriel Landeskog, and could seek other relatively cheap options still left in unrestricted free agency to fill out their roster. Players such as Paul Stastny, Phil Kessel, Josh Bailey, and Nick Ritchie are still without homes for the 2023-24 regular season, and would likely be seeking contracts that would fit in nicely with Colorado’s current cap situation.

[SOURCE LINK]

Colorado Avalanche Sign Matt Stienburg

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The Colorado Avalanche have signed forward Matt Stienburg to a two-year, entry-level contract, per a team post on X. Stienburg was a draft pick of the Avalanche but briefly became a free agent on August 15 when his exclusive signing rights expired.

The 22-year-old center prospect was a third-round draft pick in 2019, heading off the board to Colorado at 63rd overall. He just completed a four-year collegiate stint at Cornell, although his sophomore season was wiped out entirely due to COVID. At Cornell, Stienburg finished with 20 goals, 26 assists and 46 points in 73 games and a +21 rating.

Stienburg stands out as a center with good size at 6-foot-1 and 183 pounds, with some aggressiveness in his game, although he’ll need to work on his offensive consistency to play a middle-six role in the NHL. He ended last season in the AHL on a tryout with the Colorado Eagles, recording two assists in eight games combined across the regular season and playoffs.

The Avalanche did not release the financial terms of Stienburg’s contract. However, he will be a restricted free agent upon the deal’s expiration in 2025. Over the next two years, he’ll look to make enough of an impact in the minors to warrant receiving a qualifying offer from Colorado at that point.

Avalanche Are Still In Discussions With Stienburg

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  • Seeing his exclusive draft rights expire only 48 hours ago, Peter Baugh of The Athletic is reporting that center Matt Stienburg and the Colorado Avalanche organization are still in contact about a possible contract. Stienburg was the team’s 63rd overall pick from the 2019 NHL Draft and had spent the last four seasons playing for the Cornell University of the NCAA, earning a four-game tryout with the Colorado Eagles at the conclusion of last year’s AHL season.

    [SOURCE LINK]

August Free Agency Update: Central Division

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As even most mid-tier free agents are now off the market, it’s a good time to look at how each team has fared on the free agent market this offseason. We’re publishing a list of one-way signings (i.e., likelier to start the season on the NHL roster) by team, per division, to keep you updated on NHL player movement since the new league year began on July 1.

Asterisked players denote a restricted free agent. Double-asterisked players denote the contract starts in the 2024-25 season. Next up is the Central Division. You can check out the list of Atlantic Division signings here and the list of Metropolitan Division signings here.

Arizona Coyotes

F Jason Zucker (one year, $5.3MM cap hit)
D Mathew Dumba (one year, $3.9MM cap hit)
F Alexander Kerfoot (two years, $3.5MM cap hit)
*F Matias Maccelli (three years, $3.425MM cap hit)
F Nick Bjugstad (two years, $2.1MM cap hit)
*F Jack McBain (two years, $1.599MM cap hit)
D Troy Stecher (one year, $1.1MM cap hit)

Chicago Blackhawks

*F Philipp Kurashev (two years, $2.25MM cap hit)
F Ryan Donato (two years, $2MM cap hit)

Colorado Avalanche

*F Ross Colton (four years, $4MM cap hit)
*D Bowen Byram (two years, $3.85MM cap hit)
F Miles Wood (six years, $2.5MM cap hit)
F Jonathan Drouin (one year, $825K cap hit)
F Andrew Cogliano (one year, 35+ contract, $825K cap hit)
D Jack Johnson (one year, 35+ contract, $775K cap hit)
*F Ben Meyers (one year, $775K cap hit)

Dallas Stars

F Matt Duchene (one year, $3MM cap hit)
F Craig Smith (one year, $1MM cap hit)
*F Ty Dellandrea (one year, $900K cap hit)
F Sam Steel (one year, $850K cap hit)
D Joel Hanley (two years, $787.5K cap hit)
D Gavin Bayreuther (one year, $775K cap hit)

Minnesota Wild

*G Filip Gustavsson (three years, $3.75MM cap hit)
*F Brandon Duhaime (one year, $1.1MM cap hit)

Nashville Predators

F Ryan O’Reilly (four years, $4.5MM cap hit)
F Gustav Nyquist (two years, $3.185MM cap hit)
D Luke Schenn (three years, $2.75MM cap hit)
*F Cody Glass (two years, $2.5MM cap hit)
*D Alexandre Carrier (one year, $2.5MM cap hit)
F Denis Gurianov (one year, $850K cap hit)

St. Louis Blues

*F Alexey Toropchenko (two years, $1.25MM cap hit)
F Mackenzie MacEachern (two years, $775K cap hit)
F Oskar Sundqvist (one year, $775K cap hit)

Winnipeg Jets

*F Gabriel Vilardi (two years, $3.438MM cap hit)
F Vladislav Namestnikov (two years, $2MM cap hit)
G Laurent Brossoit (one year, $1.75MM cap hit)
*D Dylan Samberg (two years, $1.4MM cap hit)
*F Morgan Barron (two years, $1.35MM cap hit)
*F Rasmus Kupari (two years, $1MM cap hit)
G Collin Delia (one year, $775K cap hit)
F Jeffrey Viel (one year, $775K cap hit)

Contract information courtesy of CapFriendly.

Looking At Contract Comparables For Toews

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For the next calendar year, the Colorado Avalanche and defenseman Devon Toews will be circulating in the rumor mill, as Toews is set to hit unrestricted free agency next summer. Finishing out the last season of a four-year, $16.4MM ($4.1MM AAV), the Avalanche have received incredible surplus value from Toews on this contract. Pairing up nicely with star-defenseman Cale Makar, and becoming one of, if not the best defensive defenseman in the organization, Toews will undoubtedly be looking for a much higher salary on his next contract.

At 30 years old already, Toews will be hard-pressed to find an eight- or seven-year deal on his next contract, or will at least have to lower his price to get an interested team to bite. In Colorado, with Mikko Rantanen, Alexandar Georgiev, and Bowen Byram all needing new deals within two years, the Avalanche will have a difficult time financially fitting Toews into their long-term plans, even with the salary cap set to increase by a larger degree than in years past.

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